For several weeks now there has been a consistent buy/sell pattern which is now starting to raise my eyebrows just a little.
Before anyone jumps in and says what nonsense - have a think about the following
Typically the strength of the buy and sell sides changes little. The volume on each side remains pretty constant. Today is a good example. Approx 15 mil shares traded and the buy/sell levels remain constant. i.e. the same as at the start of the day.
If day traders are really playing with the stock I tend to think the buy/sell sides would fluctuate somewhat more (happy to be corrected on this)
There are demand/buy patterns which fluctuate very quickly in response to supply/sell strength (nothing unusual in this but I sense a little more cute than usual)
There has been in my view a consistent pattern of small trade parcels followed by a single large parcel but rarely a large parcel followed by another large parcel
Could there be a loose group accumulation going on i.e. not contravene ASX rules
Could some legitimate manipulation of SP be occuring?
Random thoughts which I will probably get shot down over but thrown out there for thought.
Cheers
Buster
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Last
29.5¢ |
Change
0.005(1.72%) |
Mkt cap ! $428.5M |
Open | High | Low | Value | Volume |
28.5¢ | 30.5¢ | 28.5¢ | $469.8K | 1.579M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
9 | 297652 | 29.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
30.0¢ | 7500 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
7 | 267172 | 0.290 |
18 | 232142 | 0.285 |
29 | 1267072 | 0.280 |
5 | 181364 | 0.275 |
10 | 229898 | 0.270 |
Price($) | Vol. | No. |
---|---|---|
0.300 | 5000 | 1 |
0.305 | 196762 | 5 |
0.310 | 57067 | 3 |
0.320 | 6090 | 1 |
0.325 | 10000 | 1 |
Last trade - 16.10pm 19/07/2024 (20 minute delay) ? |
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